DJ Stanley Black & Decker Inc. Stock Rises Monday, Still Underperforms Market
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Shares of Stanley Black & Decker Inc. $(SWK)$ inched 0.03% higher to $89.35 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.87% to 5,010.60 and the Dow Jones Industrial Average rising 0.67% to 38,239.98.
Stanley Black & Decker Inc. closed $14.86 below its 52-week high ($104.21), which the company reached on August 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as $Danaher Corp(DHR-W)$. $(DHR)$ rose 0.24% to $236.08 and Illinois Tool Works Inc. $(ITW)$ fell 0.20% to $249.96.
Trading volume (1.5 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2024.
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(END) Dow Jones Newswires
April 22, 2024 17:17 ET (21:17 GMT)
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